Perceived versus Actual Competitive Advantage

Michael Langemeier and Elizabeth Yeager

No 162446, 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas from Southern Agricultural Economics Association

Abstract: This paper examined the relationship between farm characteristics and perceived sources of competitive advantage, and cost-based and revenue-based efficiency indices. Gross farm income and the percentage of labor devoted to crop production were significant and positively correlated with cost and revenue efficiency while the perception of the cowherd being the most important part of the operation was negatively correlated with efficiency. In general, perceived sources of competitive advantage were not significantly correlated with cost or revenue efficiency.

Keywords: Farm; Management (search for similar items in EconPapers)
Pages: 14
Date: 2014-02
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea14:162446

DOI: 10.22004/ag.econ.162446

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